Brent Cross - Toys R Us
Decision Maker: Chief Executive
Decision status: Recommendations Approved
Is Key decision?: Yes
Is subject to call in?: No
To authorise the completion of (a) the surrender of part of Headlease 1 as defined in the Exempt report entered into between the Council and Toys R Us (b) a Deed of Variation to vary Headlease 2 (“the TRU Site”) as defined in the Exempt Report (c ) the consequential amendments required to the BXS legal documentation to ensure that the TRU Site forms part of the BXS scheme; and d) revisions to the Direct Agreement between the council and Homes England (Lender) and to the Legal Charge to include the freehold of the TRU Site.
Publication date: 14/12/2020
Date of decision: 10/12/2020